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The Pound Dollar exchange rate spiralled to an 8-month high whilst GBP AUD and GBP NZD tumbled on the day yesterday. This price action suggests that a trimming of Quantitative Easing from the Fed is unlikely…

Property prices across New Zealand have gone up by around $5,000 according to a recent report. The price rise, recorded in August, means the median price of a property in the country has risen to $390,000…

A recent rally in the price of gold, set off by the announcement at the weekend that Lawrence Summer, former Treasury Secretary, has pulled out of the race to become the next chairman of the Federal Reserve,…

The withdrawal of Lawrence Summers from the race for the top job at the US Federal Reserve has seen the dollar drop to its lowest level in nearly four weeks. Without the hawkish Summers at the helm it…

The British Pound Sterling rallied higher against the majors in early trading yesterday and maintained a generally firm tone through the course of the day, before drifting weaker towards the close of the…

Pound Sterling
As the European session opened the Pound was trading in the region of an eight-month high against the US Dollar. With UK inflation slowing to 2.7 per cent in August year-on-year (as expected…

The Sterling Euro exchange rate (GBP EUR) has fallen back on the day thanks to a lower than expected UK inflation print and a positive set of German data. Many analysts are now predicting that GBP EUR…

Although the US Dollar has broadly softened since the beginning of the week as a result of current and future Federal Reserve concerns, the Turkish Lira has still posted modest declines against its North…

Media reports are warning that immigrants applying for visas to enter the USA are again being targeting by scammers posing as immigration officials.
The scammers are obtaining the phone numbers of would-be…